Can I retire at age 46 with 1,680,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $1,680,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$138,733$137,497$136,291$135,115$133,966$129,367
2 years$68,680$67,401$66,161$64,959$63,793$59,207
3 years$45,332$44,047$42,810$41,620$40,473$36,043
4 years$33,660$32,379$31,155$29,985$28,866$24,626
5 years$26,659$25,386$24,178$23,031$21,943$17,905
6 years$21,993$20,729$19,539$18,418$17,363$13,530
7 years$18,661$17,408$16,237$15,143$14,121$10,491
8 years$16,164$14,922$13,770$12,703$11,714$8,286
9 years$14,222$12,993$11,860$10,820$9,865$6,634
10 years$12,670$11,452$10,340$9,327$8,406$5,366
11 years$11,401$10,195$9,103$8,117$7,229$4,375
12 years$10,344$9,151$8,079$7,120$6,265$3,590
13 years$9,450$8,270$7,218$6,286$5,463$2,960
14 years$8,685$7,517$6,485$5,580$4,789$2,451
15 years$8,022$6,867$5,855$4,976$4,216$2,035
16 years$7,443$6,300$5,309$4,456$3,726$1,695
17 years$6,932$5,802$4,831$4,003$3,304$1,415
18 years$6,479$5,361$4,410$3,608$2,938$1,183
19 years$6,074$4,969$4,037$3,260$2,619$991
20 years$5,710$4,617$3,705$2,953$2,339$831
21 years$5,381$4,301$3,408$2,680$2,093$697
22 years$5,082$4,015$3,141$2,436$1,876$586
23 years$4,810$3,755$2,900$2,219$1,684$492
24 years$4,560$3,518$2,682$2,024$1,514$414
25 years$4,331$3,302$2,484$1,848$1,362$349
26 years$4,120$3,103$2,304$1,690$1,227$294
27 years$3,925$2,920$2,139$1,547$1,106$247
28 years$3,744$2,752$1,989$1,417$998$208
29 years$3,576$2,596$1,851$1,300$901$176
30 years$3,420$2,452$1,724$1,193$814$148
31 years$3,274$2,318$1,607$1,095$736$125
32 years$3,137$2,193$1,500$1,007$666$105
33 years$3,009$2,077$1,400$926$603$89
34 years$2,888$1,968$1,308$852$546$75
35 years$2,775$1,867$1,223$784$494$63
36 years$2,668$1,772$1,144$722$448$53
37 years$2,567$1,683$1,071$665$406$45
38 years$2,472$1,599$1,003$613$368$38
39 years$2,382$1,521$940$565$334$32
40 years$2,297$1,447$881$522$303$27
41 years$2,216$1,377$826$481$275$23
42 years$2,139$1,312$775$444$249$19
43 years$2,066$1,250$727$410$226$16
44 years$1,996$1,191$682$379$205$14
45 years$1,930$1,136$641$350$186$12
46 years$1,866$1,084$602$323$169$10
47 years$1,806$1,034$565$298$154$8
48 years$1,748$987$531$276$140$7
49 years$1,693$943$499$255$127$6
50 years$1,640$901$469$235$115$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,680,000, adding $3,817 every year, while hoping to spend $45,374 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 34/36/30 Blend
45$1,680,000$1,680,000$1,680,000$1,680,000
46$1,855,297$1,766,257$1,740,217$1,901,461
47$1,996,260$1,804,526$1,750,237$1,975,092
48$2,150,080$1,843,150$1,759,072$2,050,145
49$2,318,021$1,882,097$1,766,633$2,130,220
50$2,501,475$1,921,335$1,772,831$2,215,796
51$2,701,971$1,960,826$1,777,566$2,307,404
52$2,921,196$2,000,531$1,780,739$2,405,629
53$3,161,007$2,040,405$1,782,242$2,511,116
54$3,423,446$2,080,402$1,781,964$2,624,579
55$3,710,765$2,120,469$1,779,787$2,746,805
56$4,025,441$2,160,550$1,775,589$2,878,664
57$4,370,204$2,200,585$1,769,239$3,021,115
58$4,748,059$2,240,508$1,760,602$3,175,218
59$5,162,316$2,280,248$1,749,538$3,342,142
60$5,616,621$2,319,729$1,735,896$3,523,179
61$6,114,989$2,358,868$1,719,521$3,719,753
62$6,661,843$2,397,578$1,700,250$3,933,438
63$7,262,055$2,435,763$1,677,912$4,165,971
64$7,920,990$2,473,321$1,652,328$4,419,268
65$8,644,561$2,510,143$1,623,310$4,695,444
66$9,439,278$2,546,112$1,590,663$4,996,835
67$10,312,314$2,581,102$1,554,180$5,326,018
68$11,271,573$2,614,978$1,513,648$5,685,835
69$12,325,759$2,647,598$1,468,841$6,079,425
70$13,484,463$2,678,807$1,419,524$6,510,251
71$14,758,252$2,708,442$1,365,451$6,982,134
72$16,158,766$2,736,328$1,306,366$7,499,290
73$17,698,830$2,762,278$1,242,000$8,066,370
74$19,392,575$2,786,094$1,172,071$8,688,507
75$21,255,568$2,807,563$1,096,286$9,371,363
76$23,304,962$2,826,460$1,014,338$10,121,185
77$25,559,657$2,842,545$925,907$10,944,863
78$28,040,475$2,855,562$830,657$11,850,000
79$30,770,358$2,865,240$728,239$12,844,981
80$33,774,587$2,871,289$618,287$13,939,055
81$37,081,015$2,873,402$500,420$15,142,425
82$40,720,334$2,871,254$374,240$16,466,344
83$44,726,360$2,864,498$239,329$17,923,222
84$49,136,356$2,852,766$95,254$19,526,748
85$53,991,382$2,835,669$0$21,292,019
86$59,336,678$2,812,791$0$23,254,408
87$65,222,096$2,783,696$0$25,447,306
88$71,702,570$2,747,916$0$27,860,596
89$78,838,627$2,704,960$0$30,516,769
90$86,696,969$2,654,304$0$33,440,617
91$95,351,090$2,595,396$0$36,659,468
92$104,881,979$2,527,648$0$40,203,443
93$115,378,879$2,450,440$0$44,105,744
94$126,940,129$2,363,117$0$48,402,967
95$139,674,093$2,264,981$0$53,135,451
96$153,700,184$2,155,297$0$58,347,657
97$169,149,984$2,033,289$0$64,088,591
98$186,168,494$1,898,132$0$70,412,270
99$204,915,497$1,748,956$0$77,378,230
100$225,567,064$1,584,842$0$85,052,094